BT Group plc (BT.A) Shares Up 0%
BT Group plc (LON:BT.A) shot up 0% on Monday . The stock traded as high as GBX 252.60 ($3.32) and last traded at GBX 250.43 ($3.29). 22,680,000 shares were traded during trading, an increase of 38% from the average session volume of 16,420,000 shares. The stock had previously closed at GBX 250.43 ($3.29).
Several brokerages recently weighed in on BT.A. Jefferies Group LLC restated a “hold” rating and set a GBX 280 ($3.68) target price on shares of BT Group plc in a report on Tuesday, July 18th. J P Morgan Chase & Co restated a “neutral” rating and set a GBX 290 ($3.81) target price on shares of BT Group plc in a report on Wednesday, July 12th. Barclays PLC restated an “overweight” rating and set a GBX 450 ($5.92) target price on shares of BT Group plc in a report on Wednesday, August 9th. Deutsche Bank AG restated a “sell” rating and set a GBX 265 ($3.49) target price on shares of BT Group plc in a report on Wednesday, August 9th. Finally, Macquarie increased their target price on BT Group plc from GBX 330 ($4.34) to GBX 340 ($4.47) and gave the company an “outperform” rating in a report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 335.79 ($4.42).
In related news, insider Isabel Hudson acquired 3,367 shares of BT Group plc stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of GBX 295 ($3.88) per share, with a total value of £9,932.65 ($13,064.12).
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About BT Group plc
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